File #: 19114    Version: 0 Name: transfer of Off-System Replacement Bridge funds
Type: Resolution Status: Passed
File created: 3/24/2016 In control: Public Works Committee
On agenda: 3/28/2016 Final action: 4/4/2016
Title: A RESOLUTION authorizing the County Executive to execute a Letter of Understanding with the Lafayette County Commission and the Missouri Department of Transportation related to the transfer of Off-System Replacement Bridge funds, in accordance with the Missouri Highway Bridge Program.
Sponsors: Greg Grounds
Indexes: LETTER OF UNDERSTANDING, MISSOURI HIGHWAYS & TRANSPORTATION COMMISSION
Attachments: 1. 19114bu.pdf, 2. 19114adopt.pdf, 3. 19114-LTROFUNDSTD-MODOT.pdf
Related files: 4937, 20061
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

Title
A RESOLUTION authorizing the County Executive to execute a Letter of Understanding with the Lafayette County Commission and the Missouri Department of Transportation related to the transfer of Off-System Replacement Bridge funds, in accordance with the Missouri Highway Bridge Program.


Intro
RESOLUTION NO. 19114, March 28, 2016

INTRODUCED BY Greg Grounds, County Legislator

Body
WHEREAS, the Missouri Department of Transportation's Highway Bridge Program authorizes bridge replacement and rehabilitation for certain eligible bridges throughout Missouri's counties; and,

WHEREAS, federal funds are available to finance up to 80% of an eligible project's cost, but may be increased with the use of credits earned from replacing, with the County's own funds, an eligible bridge that is not on the federal-aid system list; and,

WHEREAS, if a Local Public Agency (LPA) replaces or rehabilitates an eligible bridge with its own funds, the LPA may receive a credit, known as a "Soft Match Credit," that can be applied to the non-federal share on another federal aid bridge project; and,

WHEREAS, more sparsely populated counties receive less transportation funding to apply toward their bridge replacement and rehabilitation programs; and,

WHEREAS, Jackson County currently has an Off-System Bridge Replacement and Rehabilitation Program (BRO) fund balance in the amount of $5,192,056.65 and only $0.18 in Soft Match Credit; and,

WHEREAS, Lafayette County, Missouri, has a negative balance of BRO funds and a Soft Match Credit in the amount of $284,080.60; and,

WHEREAS, an exchange with Lafayette County will allow Jackson County to use this Soft Match Credit balance toward its 20% cash match for future bridge projects under the BRO program, thereby reducing the required County cash expenditure; and,

WHEREAS, Lafayette County and the Jackson County Director of Public Works recommend a...

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